1 00:00:02,520 --> 00:00:07,440 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,400 --> 00:00:17,720 Speaker 3: Let's take a look at some of the stocks on 5 00:00:17,760 --> 00:00:19,920 Speaker 3: the move today here in Europe. I'm Caroline Hepkin. I'm 6 00:00:19,960 --> 00:00:23,239 Speaker 3: joined by Bloomberg's Chloe Malay. We're still focused really on 7 00:00:23,280 --> 00:00:27,200 Speaker 3: the fallout from the Middle East conflict, and investors have 8 00:00:27,240 --> 00:00:30,680 Speaker 3: been reacting to this, especially around the flight disruptions and 9 00:00:30,720 --> 00:00:34,640 Speaker 3: also what it just might mean for the broader industry 10 00:00:34,680 --> 00:00:38,000 Speaker 3: traveler leisure industry, with air in particular one reacting. 11 00:00:38,240 --> 00:00:41,239 Speaker 1: Yeah, absolutely, and there's because we just cut its guidance 12 00:00:41,360 --> 00:00:44,080 Speaker 1: because of that situation in the Middle East, so it 13 00:00:44,159 --> 00:00:47,000 Speaker 1: had of course to suspend flights into the region, but 14 00:00:47,040 --> 00:00:50,239 Speaker 1: it also has to absorb those higher fuel costs that 15 00:00:50,240 --> 00:00:53,199 Speaker 1: are rising because of those oil prices spiking, and so 16 00:00:53,600 --> 00:00:56,520 Speaker 1: of course all airlines are impacted. We've seen a major 17 00:00:56,560 --> 00:01:00,280 Speaker 1: wave of flight cancelations, we've seen share prices across that 18 00:01:00,400 --> 00:01:03,600 Speaker 1: industry really struggle over the last few days. But what 19 00:01:03,680 --> 00:01:07,039 Speaker 1: we've gotten from WIZ there is a real tangible earnings 20 00:01:07,080 --> 00:01:09,840 Speaker 1: impact that they've disclosed. So it's not a negligible one. 21 00:01:09,880 --> 00:01:13,000 Speaker 1: They've said they expect the disruption to hit net income 22 00:01:13,040 --> 00:01:17,319 Speaker 1: by fifty million euros, and so that is quite significant. 23 00:01:17,360 --> 00:01:19,920 Speaker 1: And some analysts are also saying that the impact could 24 00:01:20,000 --> 00:01:23,520 Speaker 1: last and even deepen into their fiscal twenty twenty seven 25 00:01:23,600 --> 00:01:26,560 Speaker 1: as well. So that's bad news for Wizer itself. But then, 26 00:01:26,640 --> 00:01:28,840 Speaker 1: as you say, it also doesn't bode well for the 27 00:01:28,880 --> 00:01:31,800 Speaker 1: rest of that travel and leisure industry, and we might 28 00:01:31,840 --> 00:01:34,920 Speaker 1: see more of those airlines coming out and clarifying the 29 00:01:34,959 --> 00:01:37,920 Speaker 1: exact impact earnings impact of all of this in the 30 00:01:37,959 --> 00:01:38,920 Speaker 1: next few days. Yeah. 31 00:01:38,920 --> 00:01:41,760 Speaker 3: Absolutely, Ryana shares I noticed are also down by three 32 00:01:41,800 --> 00:01:46,320 Speaker 3: percent this morning in terms of oil prices and how 33 00:01:46,360 --> 00:01:51,440 Speaker 3: that is affecting producers, including equanor. Yeah, we saw. 34 00:01:51,280 --> 00:01:54,680 Speaker 1: Oil companies down yesterday, but they're up to day. Yesterday 35 00:01:54,720 --> 00:01:57,240 Speaker 1: we had a slight pullback and oil prices and the 36 00:01:57,280 --> 00:02:00,480 Speaker 1: share prices of oil companies because of Trump's central plan 37 00:02:00,600 --> 00:02:03,840 Speaker 1: for ensuring and escorting those oil tankers. But today it 38 00:02:03,880 --> 00:02:06,960 Speaker 1: seems that the dominant narrative is that the conflict is 39 00:02:07,000 --> 00:02:09,480 Speaker 1: going to last for quite a while and that energy 40 00:02:09,480 --> 00:02:12,680 Speaker 1: supply disruption is therefore perhaps unavoidable. In there to stay. 41 00:02:13,280 --> 00:02:15,880 Speaker 1: So Trump say he was confident in the military campaign, 42 00:02:15,960 --> 00:02:19,200 Speaker 1: but he did not clarify any kind of timeline around 43 00:02:19,280 --> 00:02:22,480 Speaker 1: pledged to also intensify strikes in the coming days. All 44 00:02:22,520 --> 00:02:25,240 Speaker 1: of that has led China to down major refiners, to 45 00:02:25,280 --> 00:02:28,600 Speaker 1: suspend exports of diesel and gasoline. So all of that 46 00:02:28,639 --> 00:02:31,880 Speaker 1: indicates that it will also prioritize domestic needs. So we're 47 00:02:31,880 --> 00:02:35,359 Speaker 1: seeing this disruption across global energy markets. This rush door 48 00:02:35,440 --> 00:02:38,560 Speaker 1: was wanting to secure those oil reserves, and so because 49 00:02:38,600 --> 00:02:41,359 Speaker 1: there's no resolution inside, the way that the market is 50 00:02:41,400 --> 00:02:44,680 Speaker 1: reacting today is to put those oil producers in the green. 51 00:02:45,600 --> 00:02:48,920 Speaker 3: Okay. So those are stocks that are reacting to the 52 00:02:48,919 --> 00:02:52,880 Speaker 3: news out of the Middle East. But there is other news. Indeed, Campari, 53 00:02:53,600 --> 00:02:57,480 Speaker 3: in terms of the drink's business, an eventful day for 54 00:02:57,560 --> 00:02:58,239 Speaker 3: that company. 55 00:02:58,440 --> 00:03:00,720 Speaker 1: Yeah, well, perhaps we all need a drink. Campari is 56 00:03:00,760 --> 00:03:03,360 Speaker 1: providing exactly that. As the results came in ahead of 57 00:03:03,440 --> 00:03:07,560 Speaker 1: expectations and Rbcnlist said that there was impressive revenue growth 58 00:03:07,600 --> 00:03:11,160 Speaker 1: for the company. It's quite interesting given the context of 59 00:03:11,360 --> 00:03:14,240 Speaker 1: quite a difficult spirits market at the moment. If we 60 00:03:14,240 --> 00:03:17,400 Speaker 1: look at peers, for example, Diajo just cut its guidance 61 00:03:17,400 --> 00:03:20,160 Speaker 1: a few days ago, because it's really struggling to revive 62 00:03:20,200 --> 00:03:23,680 Speaker 1: demand in the US and China's same for Penorica, which 63 00:03:23,760 --> 00:03:26,160 Speaker 1: is facing the exact same challenges that slow down in 64 00:03:26,200 --> 00:03:29,639 Speaker 1: those key markets. But Campari is rising above the rest. 65 00:03:29,680 --> 00:03:32,600 Speaker 1: It's already been outperforming its peers, and the results only 66 00:03:32,639 --> 00:03:35,680 Speaker 1: widen that outperformance today. The reason why it can be 67 00:03:35,720 --> 00:03:38,600 Speaker 1: attributed to maybe a few different factors, but some of 68 00:03:38,640 --> 00:03:41,360 Speaker 1: what Anless have pointed to is a lot of investment 69 00:03:41,440 --> 00:03:44,240 Speaker 1: in advertising, a lot of promotions as well, and now 70 00:03:44,240 --> 00:03:47,040 Speaker 1: we're also approaching April weather, so that will be a 71 00:03:47,360 --> 00:03:47,960 Speaker 1: bigger boost. 72 00:03:48,000 --> 00:03:53,120 Speaker 2: Top of the Stock Movers report from Bloomberg Radio. Check 73 00:03:53,160 --> 00:03:55,480 Speaker 2: back with us throughout the day for the latest roundup 74 00:03:55,520 --> 00:03:58,480 Speaker 2: of companies making news on Wall Street and for the 75 00:03:58,560 --> 00:04:02,960 Speaker 2: latest market moving headline. 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